do maybank still allow transfer from cc to savings after BT?

I'm curious to know too, i tried it a year back it worked. No sure if they changes their policy.

what kind of supporting doc? the BT form?

Looks like PBB 0% BT & Flexipay it's not available anymore.

Starting 2019 all got charges.

https://www.pbebank.com/Personal-Banking/Pr...ansfer-(5).aspx

https://www.pbebank.com/Personal-Banking/Pr...y-Plan-(6).aspx

At the moment, you have 9.7k in outstanding and 31.6k in autorised charge. Therefore, the all card balance shows that you have used 41.4k.

From the 50k credit limit, you have only 8.5k left. The amount that you can BT is 80% from your available credit : 0.8 X 8.5k = 6.8k

self-invite method is working fine. i sent the application form on 1st Jan 2019 and it was approved.

I just use the calculator from https://www.calculatorsoup.com/calculators/...-calculator.php or https://www.rapidtables.com/calc/finance/ef...calculator.html

Not to mention, you're paying back by installments every month, so it costs you even more.

Faster by asking. There are always people ready to answer. Thanks

i think i does not work like that.

For 30k, the interest payable is 8%x3yrx30k = RM7.2k, the phone merely subsidising about 35-40% of the interest.

The calculators I gave is to get the Effective Interest Rate which is given by Citi.

Unless you can make returns higher than approx 8% p.a. like buy property or speculate in the stock market, you lose more than you earn.

If the phone covers back 50% of your interest, by paying installments monthly and putting the excess into promotional FD (4.x%), you still lose.

Eh I thought you already know all this? You always say want to maximize your BT/cash advance. I thought you had plans to make money out of them. 8% difficult to make money.

Yeh I got the same 1.68% SMS, but will never take up these offers unless 0%. Much better to use CL for 0% BT or flexi pay.

You're not paying back one lumpsum after 3 years. You're paying back by installments every month. That's when the EIR kicks in.

If you play Fixed Deposit, and using the same 3.89% example and 1 year. You put in that 30k for 1 year and get 3.89% interest. In between 1 year, you don't get back any of your 30k. With the BT, you give the bank 30k/12 every month and still pay 3.89% interest. That's where you "lose" money.